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How to Buy Veeco Instruments Stock

Veeco Instruments Inc

Veeco Instruments Inc. , together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide.

Veeco Instruments stock last closed at $35.17, up 0.89% from the previous day, and has increased 71.81% in one year. It has overperformed other stocks in the Semiconductor Equipment & Materials industry by 0.16 percentage points. Veeco Instruments stock is currently +98.7% from its 52-week low of $17.70, and -6.83% from its 52-week high of $37.75.

At the moment, there are 56.37M VECO shares outstanding. The market value of VECO is $1.98B. In the past 24 hours, 361,517 VECO shares were traded.

How to Buy Veeco Instruments Stock

Not sure how to invest in Veeco Instruments stock? Here's how.
  1. Decide where to buy Veeco Instruments stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Veeco Instruments stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Research Veeco Instruments stock: The Veeco Instruments ticker symbol is VECO. Is Veeco Instruments stock a good investment? Should you buy shares of VECO? How do VECO's underlying business fundamentals look? Do top analysts think Veeco Instruments is a good buy? Why has VECO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if VECO is a good stock to buy).
  5. Make your VECO trade: Decide if you will purchase VECO shares at the current market price or use a limit order to purchase VECO shares at a specific price.
  6. Watch your VECO position: Create a watchlist to keep track of your investment in Veeco Instruments shares.

Step 1: Decide where to buy Veeco Instruments stock

You will need a brokerage account in order to access the NASDAQ market and buy VECO stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal details so you can invest in VECO stock today.

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  1. Click here to get started.
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  2. Enter your personal data to start your new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on app for investing, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your new brokerage account.

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Step 4: Research Veeco Instruments stock

After you have chosen the best place to buy Veeco Instruments stock, it's absolutely critical to evaluate their stock before you buy, so you actually understand the risk as well as the opportunity.

Veeco Instruments stock quick numbers

VECO Price
$35.17
1w %
-0.06%
1y %
71.81%
5y %
235.59%
P/E
-62.8x
P/B
2.95x
P/S
2.84x
PEG
N/A
Revenue
$666.44M
Earnings
-$30.37M
Fore. Rev. Growth
8.41%
Fore. Earn. Growth
N/A
Market Cap
$1.98B
Next Earnings
May 6, 2024
Next Dividend
N/A

Fundamentals of VECO

WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on VECO's stock page.

Is VECO stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge VECO's fair value.

Using relative valuations metrics:

  • VECO could be undervalued based on its P/B ratio of 2.95x, relative to Semiconductor Equipment & Materials industry P/B ratio of 12.11x

You can access additional valuation research on VECO's stock here.

VECO Financial Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the VECO balance sheet.
  • Total VECO debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the VECO balance sheet.
  • VECO's operating cash flow of $61.67M allows it to safely service it's debt of $306.47M.

Failed Financial Due Diligence Checks:

  • VECO has a relatively high debt to equity ratio of 0.83.
  • VECO earnings of -$16.57M is not enough to cover its interest payments.
  • VECO profit margin has gone down from 25.8% to -4.6% in the past year.

Is it a good time to buy Veeco Instruments stock, according to Wall Street analysts?

Out of 4 sell side analysts who track VECO, the consensus analyst rating on VECO is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Veeco Instruments stock forecast page.

Metrics for Advanced VECO Traders

SMA10
34.63
SMA20
35.17
SMA50
34.25
SMA100
31.61
SMA200
29.24
MACD
0.14
MACD Signal
0.22
MACD Histogram
-0.08
RSI
53.66
Stochastic %K
46.28
Stochastic %D
42.62
StochRSI %K
56.66
StochRSI %D
44

VECO Growth Metrics

Last year, VECO revenue was $666.44M. Over the last 5 year, VECO's revenue has increased by 4.22% per year. This was slower than the Semiconductor Equipment & Materials industry average of 14.92%.

You can analyze VECO's earnings and revenue performance here.

What are VECO insiders up to?

In the last year, insiders at VECO have sold more shares than they have bought.

William John Miller, CEO of VECO, was the latest VECO insider to sell. They sold $854,392.10 worth of VECO stock on Mar 21, 2024.

Learn more about who owns VECO shares here.

Does VECO provide a stable income stream?

No, Veeco Instruments doesn't provide an income stream by paying out dividends.

What others are saying about VECO

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your VECO trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Watch your VECO position

Now that you own some VECO shares, you'll want to keep up with your new stock purchase.

Add VECO to a watchlist to get notified of the latest news about your VECO stock.

VECO Feed

How to Buy Stock in Veeco Instruments

To summarize, here are the 6 steps to buy Veeco Instruments stock:

  1. Decide where to buy Veeco Instruments stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Veeco Instruments stock
  5. Make your VECO trade
  6. Watch your VECO position

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Veeco Instruments, click the button below.

NASDAQ: VECO
$35.17+0.31 (+0.89%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: VECO
$35.17+0.31 (+0.89%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Veeco Instruments share?

As of Mar 28, 2024, it costs $35.17 to buy one share of Veeco Instruments stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.284 shares of VECO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Veeco Instruments stock?

According to 4 Wall Street analysts who monitor Veeco Instruments, their consensus recommendation is to buy Veeco Instruments stock.

What is the best way to buy Veeco Instruments stock?

One way to place an order for Veeco Instruments stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.